My first derivatives trade – 3

With inflation rising to unprecedented levels and expectations of further monetary tightening, the deep out of the money call options that I had purchased look worthless now. Though, there is a month to go for the options to expire, I have my doubts over Nifty showing a pull back.
We are so very deeply hinged to [...]

Inflation@11

Our MPs (or desirous candidates) bring their creative juices out in the times of adversity. One such billboard by Mr. Kirit Somaiya after inflation had touched 11.05% last week read “Mehengayi 11%, ab aur kitna choosenge?”

The Great Indian Media

Breaking news because you feel like breaking something after listening to this!

Lucky cat!

Next will be Amar Singh ko Cheenk aayi!
Thanks P.P. for the images!!

Pundit vs. Pundit

This is not about any Indian version of the divorce-themed Hollywood blockbuster Kramer versus Kramer. But a situation I am facing with my wedding. While one Pundit (affiliated to the in-laws) argues that a “certain” ritual needs to be observed between 5:30 PM and 9 PM, the other Pundit (affiliated to us) refutes the claim. [...]

My first derivatives trade – 2

The Sensex has fallen by approximately 200 points in the last 2 days. This is not volatility. This is a unidirectional movement. Where the heck is the bottom? There needs to be some volatility only then can I hope to make money from my OTM calls.
Yeah, I know it was a gamble so I am [...]

What all is due?

1. Oil price correction, which will lead to 2. Cooling off in inflation (Will it?): Depends on the demand supply situation, and 3. changes to interest rates by the RBI: In fact the rates look far from what their potential peaks can be. And last but not the least (4) the elections!
In the current environment, [...]

My first derivatives trade

Though I have been trading derivatives (that too exotic ones) in my previous job, I never bet my personal money. However, I did my first derivatives trade today.
With terrible inflation figures out for India (for those of you still not aware, we are paying 11% more for our stuff compared to a year ago), the [...]

Love Guru – Review

No, I did not get a chance to see the movie. But this is “one of a kind” review which I wanted to share. Some excerpts:
“There are good movies. There are bad movies. There are movies so bad they’re good (though, strangely, not the reverse). And once in a while there is a movie so [...]

Trek to Matheran

I am going to Matheran, on foot from Neral, this Saturday. There are a few others too. We want to make sure this is just the beginning of our Monsoon-08 trekking season, hence the easy one (hopefully) first. Anyone interested?

Painful internet connection

The Internet connection at our flat is awful!! I do not have recorded statistics, but I am more than 100% (:D) sure that the uptime will not be more than 70%. The amount I spend on making calls to the service guys is soon going to be most of my monthly telephone bill. I prefer [...]